“President (Donald) Trump’s policies — tariffs, deportations, the Iran war — have been creating a bit of drag on the economy, and there’s going to be some tail to that disruption,” said James Myall, senior analyst at the progressive Maine Center for Economic Policy.
As surging prices erode household income and constrain consumer spending, analysts see an upside in the likelihood that the Federal Reserve could hold interest rates unchanged, Myall said.
Higher fuel costs raise red flags across Maine’s economy
